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Nov 14, 2012
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of aetna insurance, one of several business leaders meeting with the president tomorrow; the leader of a centrist think tank called "third way"; and a panel of three republicans on how their party should respond to last week's vote. as we heard from judy, president obama met with leaders of labor and liberal groups today at the white house. we're joined now by two who were there. deis v roel ishe president of the national education association, with some three million members, including teachers. it's the largest labor union in the country. and justin ruben, executive director of move-on.org, a political advocacy group. want to start with you. what was the key message that you brought to the white house and wanted the president to hear today? >> i brought the message that, number one, it's important that we let the bush tax cuts disappear for the wealthiest 2%. as we're looking for a 1.2 trillion dollar sution, 829 billion takes us a long way there. i also brought a message that there are other areas of taxes that we looked at that need to be... look at the fairness issue. president ob
of aetna insurance, one of several business leaders meeting with the president tomorrow; the leader of a centrist think tank called "third way"; and a panel of three republicans on how their party should respond to last week's vote. as we heard from judy, president obama met with leaders of labor and liberal groups today at the white house. we're joined now by two who were there. deis v roel ishe president of the national education association, with some three million members,...
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Nov 14, 2012
11/12
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WBAL
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among those attending the meeting, the ceo of aetna, american express, ge, ford, pepsi and walmart, urging washington to work together to come to a resolution. meantime, millions of facebook shares could hit the market today as a lockup on some 800 million shares expires. natalie. >> courtney reagan at the new york stock exchange. thank you. >>> a fiery plane crash in a jackson, mississippi neighborhood left no survivors killing all three people on board. the single-engine piper had just taken off from a local airport when it struck a home. amazingly a resident in that house escaped with only minor injuries. >>> u.s. soccer gold medalist hope solo and her fiance spent what would have been a wedding day in a seattle courtroom tuesday. the former seattle seahawks star jeremy stevens had been arrested monday for a domestic violence case against solo. police reports indicates that solo suffered a bloody laceration on her elbow. stevens was released and not charged. >>> the man accusing elmo puppeteer kevin clash of engaging him in an underage sexual relationship has now dropped his allegations
among those attending the meeting, the ceo of aetna, american express, ge, ford, pepsi and walmart, urging washington to work together to come to a resolution. meantime, millions of facebook shares could hit the market today as a lockup on some 800 million shares expires. natalie. >> courtney reagan at the new york stock exchange. thank you. >>> a fiery plane crash in a jackson, mississippi neighborhood left no survivors killing all three people on board. the single-engine piper...
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Nov 14, 2012
11/12
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CNBC
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. >> the ceo of aetna on who said -- >> yeah, but they don't -- >> he said he's going to lay people off. he said -- >> because of the cliff. he says if we go over the fiscal cliff, you look at the unemployment, which translates to 100 basis points. >> they should be? >> i don't know. i think it's a good question. >> i think you had this window where the country was focused on policy politics washington, you know, for the election and now you have a couple of weeks after when we're now the fiscal cliff seems like it's this drama that nobody was paying attention to. i don't know if that has legs to be honest with you. it remains to be seen. i do agree with you, though, that capex has gone down in anticipation of something that's going to hit next year by companies. and it should make pent up demand. >> a permanent decline in capex is something that would make me nervous about the economy and the consumer. in general, we've put up these charts, capex and employment follow each other rather closely. but if this is a temporary window of decline in capex, then it's something you could see us
. >> the ceo of aetna on who said -- >> yeah, but they don't -- >> he said he's going to lay people off. he said -- >> because of the cliff. he says if we go over the fiscal cliff, you look at the unemployment, which translates to 100 basis points. >> they should be? >> i don't know. i think it's a good question. >> i think you had this window where the country was focused on policy politics washington, you know, for the election and now you have a...
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Nov 14, 2012
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CNN
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you see there the ceos of aetna, xerox, american express, honeywell, walmart, ge, dow, procter & gamble, ford, pepsi. these are not people who are hostile to the president, so is it giving him cover? these are big employers. the president needs to discuss the fiscal cliff and taxes with them. what the allegation is is that there are no representatives of small business there and no representatives of the don't touch taxes, the grover norquist u.s. chamber of commerce group represented there. that's a relationship the president doesn't have. >> i think it could be you're right i don't know that all of them you put up that big list and showed all the faces. not all of them are pro-obama. >> but they are not the most hostile bunch about the president. >> and it is a sliding scale. ali velshi, thank you. >>> from the fiscal cliff to what is cliffhanger truly on capitol hill, the minority leader nancy pelosi. is she going to retire? expected to announce her decision later this morning. cnn's senior congressional correspondent dana bash is following some of those developments there. what do y
you see there the ceos of aetna, xerox, american express, honeywell, walmart, ge, dow, procter & gamble, ford, pepsi. these are not people who are hostile to the president, so is it giving him cover? these are big employers. the president needs to discuss the fiscal cliff and taxes with them. what the allegation is is that there are no representatives of small business there and no representatives of the don't touch taxes, the grover norquist u.s. chamber of commerce group represented...
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Nov 14, 2012
11/12
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CNN
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here's a bunch of them, the khost of aetna, xerox, american express, honeywell, walmart, and general electric. jeff immelt. dow, procter & gamble, ford, pepsi, ibm and chevron. these are not people who have had a history of outright hostility to president obama. some of them are supporters. this is a broad coalition of large businesses and they're going to talk about issues like taxation, job creation, and the fiscal cliff. another bunch of ceos who have joined the nonpartisan fix the debt campaign. you'll have seen some of their ads. they're taking iconic ads and making them about the debt. let me tell you about what people are thinking about the fiscal cliff, it's very confusing. i'm hearing a lot of people saying why are you carrying on about this all the time? pew asked a number of people, "the washington post" and pew together did a survey. here's what it showed. they asked what do you think the effect of the automatic tax increases and spending cuts, which are the fiscal cliff, will have on the u.s. economy? 68% said that it would have a major effect. 21% minor effect. 2% said
here's a bunch of them, the khost of aetna, xerox, american express, honeywell, walmart, and general electric. jeff immelt. dow, procter & gamble, ford, pepsi, ibm and chevron. these are not people who have had a history of outright hostility to president obama. some of them are supporters. this is a broad coalition of large businesses and they're going to talk about issues like taxation, job creation, and the fiscal cliff. another bunch of ceos who have joined the nonpartisan fix the debt...